Budget Analyst Salary in Colorado
Based on 1K+ workers in Colorado
Median Annual Salary (CO)
$97,100
$46.68/hr
vs National Average
$88,333
+9.9% vs national median
Salary Range (10th–90th)
$71K – $130K
1K employed in Colorado
The median Budget Analyst salary in Colorado is $97,100 per year, which is approximately 10% above the national average. Salaries for this position typically range from $70,660 to $130,180 annually, depending on experience and employer. Currently, around 1,290 budget analysts work throughout the state, contributing to Colorado's strong financial management workforce across various sectors.
Several factors influence compensation for budget analysts in this region, including years of professional experience, industry sector, employer size, and educational credentials. Government agencies, healthcare organizations, and large corporations often offer different salary structures. Geographic location within Colorado, specific certifications like the Certified Government Financial Manager designation, and advanced analytical skills can also significantly impact earning potential in this field.
Salary Distribution — Budget Analyst in Colorado
| Percentile | Annual Salary |
|---|---|
| 10th percentile | $70,660 |
| 25th percentile | $81,270 |
| Median (50th percentile) | $97,100 |
| 75th percentile | $115,000 |
| 90th percentile | $130,180 |
Top-Paying Industries for Budget Analyst (U.S.)
Which industries pay Budget Analysts the most — nationwide figures (industry-level data is not available by state). Budget Analysts in Colorado tend to follow these industry patterns.
| Industry (U.S.) | Median Salary | Employed (U.S.) |
|---|---|---|
| Utilities | $105,170 | 340 |
| Wholesale Trade | $104,820 | 470 |
| Professional, Scientific, and Technical Services | $101,850 | 4K |
| Information | $99,530 | 430 |
| Retail Trade | $98,500 | 40 |
Source: U.S. BLS OEWS National Industry-Specific estimates, May 2025. National figures (not state-specific).
Historical Salary Trend — Budget Analyst in Colorado vs National
| Year | Median Salary (Colorado) |
|---|---|
| 2022 | $83,450 |
| 2023 | $89,810 |
| 2024 | $96,680 |
| 2025 | $97,100 |
| 2026 (projected) | $97,522 |
The latest year is a projection based on recent wage trends — BLS has not yet released that year’s data.
| Year | Colorado Median | National Median |
|---|---|---|
| 2022 | $83,450 | $79,026 |
| 2023 | $89,810 | $82,697 |
| 2024 | $96,680 | $85,577 |
| 2025 | $97,100 | $88,333 |
| 2026 (projected) | $97,522 | $88,717 |
Budget Analyst Salary by Experience Level in Colorado
| Experience Level | Years | Median Annual Salary |
|---|---|---|
| Junior | 0-2 yrs | $81,270 |
| Mid-level | 3-5 yrs | $97,100 |
| Senior | 6-9 yrs | $115,000 |
| Staff / Lead | 10+ yrs | $130,180 |
Budget Analyst Salary in Other States
Related Budget Analyst Salaries in Colorado
How other high-demand occupations in Colorado compare to Budget Analyst ($97,100 median).
| Occupation | Median Salary | vs Budget Analyst | Hourly |
|---|---|---|---|
| Financial Manager in CO | $182,690 | +88.1% | $87.83/hr |
| Economist in CO | $121,410 | +25.0% | $58.37/hr |
| Actuary in CO | $120,440 | +24.0% | $57.90/hr |
| Financial Analyst in CO | $103,850 | +7.0% | $49.93/hr |
| Financial Examiner in CO | $99,610 | +2.6% | $47.89/hr |
| Accountant in CO | $97,030 | -0.1% | $46.65/hr |
| Loan Officer in CO | $94,520 | -2.7% | $45.44/hr |
| Personal Financial Advisor in CO | $89,280 | -8.1% | $42.92/hr |
| Tax Examiner in CO | $87,430 | -10.0% | $42.03/hr |
| Compliance Officer in CO | $82,450 | -15.1% | $39.64/hr |
| Credit Analyst in CO | $81,270 | -16.3% | $39.07/hr |
| Insurance Sales Agent in CO | $68,730 | -29.2% | $33.04/hr |
Frequently Asked Questions
How much do budget analysts make in Colorado?
- Budget analysts in Colorado earn a median salary of $97,100 per year, or $47 per hour. This is 9.9% higher than the national average, making Colorado a competitive state for this profession.
What is the salary range for budget analysts in Colorado?
- Budget analyst salaries in Colorado range from $70,660 at the lower end to $130,180 at the higher end. This wide range reflects differences in experience, employer type, and specific job responsibilities.
Is Colorado a good state for budget analyst jobs?
- Yes, Colorado offers competitive compensation for budget analysts, with salaries 9.9% above the national average. There are approximately 1,290 budget analysts employed throughout the state, indicating steady job availability.
What do entry-level budget analysts earn in Colorado?
- Entry-level budget analysts in Colorado can expect to earn around $70,660 annually at the lower end of the salary spectrum. With experience and career advancement, salaries can increase significantly to $130,180 or more.